Oprah Becomes OWN CEO and Chief Creative Officer

The talk show queen has announced that she will become CEO and Chief Creative Officer of her OWN network starting this fall.

Oprah's new titles will allow her to take full operational and creative control of her network, which has suffered declining ratings since its launch in January. "I am ready to dedicate my full creative energy and focus as the full time CEO of OWN," she said in a statement.

To further support OWN, Harpo Studios will start focusing entirely on TV production for the network.